Posted on August 03, 2022
I’m writing to you today to share that we are transforming our business strategy, which requires that we reduce the size of our employee base by approximately 450 people. I realize this is hard news to hear, especially for those who will be leaving our team. I hope the information provided here will illuminate why we arrived at this difficult decision, how we will support our colleagues who are leaving, and how our business will operate and thrive moving forward.
First, the important details so you know what will happen immediately
Those impacted will receive an email shortly from a member of the Olive People team to the personal email addresses we have on file in Workday. This email will inform them that their official employment will end in 60 days, but their last day of work is today. It will also include information about their separation, where to find related documents, what to do with Olive-issued equipment, and how to participate in one-on-one conversations hosted by the Olive People team.
We understand that communicating this via email is not ideal and, of course, would have preferred to do so individually, but given the size of this change, we wanted to provide clarity to everyone as soon as possible.
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